FY2025 Earnings Forecast for TFPM Issued By Raymond James

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Research analysts at Raymond James upped their FY2025 earnings estimates for Triple Flag Precious Metals in a report issued on Wednesday, May 7th. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.81 per share for the year, up from their previous forecast of $0.79. Raymond James has a “Outperform” rating on the stock. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.71 per share.

Triple Flag Precious Metals (NYSE:TFPM) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.19 by $0.01. The company had revenue of $82.25 million during the quarter, compared to analyst estimates of $72.14 million. Triple Flag Precious Metals had a negative net margin of 8.58% and a positive return on equity of 6.63%.

Other analysts have also issued reports about the stock. BMO Capital Markets reissued an “outperform” rating on shares of Triple Flag Precious Metals in a research note on Wednesday, April 23rd. Scotiabank reissued a “sector perform” rating on shares of Triple Flag Precious Metals in a research note on Monday, April 14th. National Bank Financial raised shares of Triple Flag Precious Metals to a “strong-buy” rating in a research note on Wednesday, April 23rd. Finally, Jefferies Financial Group boosted their target price on shares of Triple Flag Precious Metals from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

Triple Flag Precious Metals Trading Up 2.7%

Shares of TFPM opened at $22.04 on Monday. The firm has a market capitalization of $4.43 billion, a P/E ratio of -200.36, a P/E/G ratio of 0.78 and a beta of -0.27. Triple Flag Precious Metals has a 12-month low of $13.94 and a 12-month high of $22.96. The firm has a fifty day moving average price of $19.97 and a 200-day moving average price of $17.61.

Institutional Trading of Triple Flag Precious Metals

Several institutional investors and hedge funds have recently made changes to their positions in TFPM. Farther Finance Advisors LLC raised its holdings in shares of Triple Flag Precious Metals by 175.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,896 shares of the company’s stock valued at $29,000 after acquiring an additional 1,208 shares in the last quarter. Northwest & Ethical Investments L.P. bought a new stake in shares of Triple Flag Precious Metals in the fourth quarter valued at about $45,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Triple Flag Precious Metals in the fourth quarter valued at about $134,000. Drive Wealth Management LLC bought a new stake in shares of Triple Flag Precious Metals in the fourth quarter valued at about $175,000. Finally, Prospect Financial Group LLC bought a new stake in shares of Triple Flag Precious Metals in the first quarter valued at about $217,000. 82.91% of the stock is currently owned by institutional investors.

Triple Flag Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be issued a $0.055 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.22 annualized dividend and a dividend yield of 1.00%. Triple Flag Precious Metals’s payout ratio is currently 733.33%.

About Triple Flag Precious Metals

Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally.